Dan Frey Home Loans
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Comparison

Side-by-side payments and cash to close

Lowest monthly: Assumable Loan

Total monthly

Payment stack including taxes, insurance, and HOA

Cash to close

Down payment / equity bring-to

Detail
Assumable Loan
Assumable · VA
Assumable Loan + Second
Assumable · VA
Current Market Conventional
New · Conventional
Loan amount$266,449$266,449$699,999
Remaining term (yrs)22.122.130.0
Secondary amount$0$433,550$0
Funding fee$1,332$1,332$0
Note rate4.250%4.250%7.320%
Blended rate4.250%6.418%7.560%
1st payment$1,544.69$1,544.69$4,808.51
2nd payment$0.00$2,800.01$0.00
Taxes / mo$968.33$968.33$968.33
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$140.00
HOA / mo$175.00$175.00$175.00
Total monthly$2,904.69$5,704.70$6,308.51
Cash to close$511,328$77,778$77,778